Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children
The Ministry of Health in Gaza: Gaza's hospitals recorded six deaths due to starvation and malnutrition in the past 24 hours, all of them adults
Informed sources to Al Mayadeen: A new chapter in relations between Iran and the International Atomic Energy Agency will begin within the framework of the new law passed by Parliament

Biden to split $7 billion in frozen Afghan funds

  • By Al Mayadeen net
  • Source: Agencies
  • 11 Feb 2022 17:37
  • 1 Shares
2 Min Read

Biden will split the $7 billion in frozen funds between 9/11 victims and Afghan humanitarian aid.

  • x
  • Biden to release $7billion to 9/11 families and Afghanistan aid=
    The US Federal Reserve Bank froze the assets following Taliban's seizure of power (DW)

US President Joe Biden signed an executive order releasing $7 billion in frozen Afghan funds to be shared between humanitarian assistance for Afghanistan and American victims of "terrorism", including 9/11 families.

According to The New York Times, the intricate strategy is intended to address a slew of legal blockages originating from the September 11 attacks and the disastrous withdrawal from Afghanistan.

After the Taliban seized the nation in August, the government was dissolved leaving behind over $7 billion in central bank assets deposited with the US Federal Reserve Bank in New York. The Taliban took over the central bank, Da Afghanistan Bank, and claimed ownership of funds.

It has been unclear since who is legally authorized to access the assets, and the US still has not recognized Taliban's government. 

Related News

Iraq’s PMF law seen as test of sovereignty amid US objections

Notorious Palantir lands record $10bln contract with the US Army

A group of 9/11 victims' relatives had obtained a default judgment against the Taliban and Al-Qaeda years before they attempted to take the Afghan bank assets. 

The plaintiffs convinced a court in the case to send a US marshal to serve the Federal Reserve with a "writ of execution" to take the Afghan money.

Biden's administration is to interfere in the litigation and anticipated to inform the court that the request of the victims should be heard. If the judge confers, Biden will attempt to send the balance of funds toward a trust fund that will be used to provide food and other humanitarian assistance in Afghanistan.

The process is expected to be lengthy and complicated, with campaigners and families of 9/11 victims saying all assets should be directed toward assisting the Afghan people, who are experiencing increasing hardship.

The money, which includes currency, bonds, and gold, is largely derived from foreign exchange holdings from the last 20 years of Western aid.

However, it also contains the savings of regular Afghans, who are now confronting rising violence and hunger, as well as deteriorating economy and rule of law.

  • United States
  • Afghanistan
  • frozen assets
  • Taliban
  • Taliban movement

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
An explosion seen during an Iranian missile attack on Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

If Iran is attacked again, geography of response may change: IRGC spox

  • Politics
  • 30 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS